Office occupiers told to expect higher fit out and servicing costs globally

Savills analysis of Q1 22 Prime Office Costs (SPOC) in global markets around the world has shown that higher fit-out costs, reflecting material and labour cost inflation, are beginning to creep through in some office markets. While overall there has been no movement in the position of cities in the rankings since the end of […]

Sustainable office buildings ‘offer tangible investment benefits’

Sustainable office buildings can deliver tangible investment benefits to investors through a combination of higher rents and stronger leasing velocity. The Impact of Sustainability on Value report from JLL also reveals growing occupier demand for sustainable offices in central London that will need to be met in the next decade. JLL has calculated that the next wave […]